California Democrats go full socialist in endorsing billionaire tax
Supporters argue that the wealth tax would affect only a few hundred billionaires while raising roughly $100 billion for healthcare and other public priorities.
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Summary
The state is home to more billionaires than any other, including some of the richest people in the world, and a handful of them have already poured more than $118 million into a committee that is backing two ballot measures that could negate a billionaire tax. Newsom and his allies even sought a compromise that would have replaced the ballot initiative with a less economically damaging alternative. AP Whether taxes were the sole motivation in every case is beside the point.
Furthermore, Democratic politicians around the country are experimenting with ways to tax the rich.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
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Reported detailssecondary facts, each attributed to its source
The state is home to more billionaires than any other, including some of the richest people in the world, and a handful of them have already poured more than $118 million into a committee that is backing two ballot measures that could negate a billionaire tax.
according to The Boston GlobeNewsom and his allies even sought a compromise that would have replaced the ballot initiative with a less economically damaging alternative.
according to New York PostAP Whether taxes were the sole motivation in every case is beside the point.
according to New York PostDemocratic politicians around the country are experimenting with ways to tax the rich.
according to The Boston Globe
Disputedincompatible versions — to verify
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Framing by sidesame fact, different words — loaded terms highlighted
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Blind spotwhat one side keeps silent
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